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Finland Proposes 0.5% VAT Reduction on Food, Transport, and Cultural Services by 2026

  • Finnish Government proposes reducing reduced VAT rate from 14 percent to 13.5 percent starting in 2026
  • Affected goods and services include food products, restaurant and catering services, feed materials, passenger transport, accommodation and guest harbour services, medicines, cultural and sports-related activities, books, sports services, and tickets to cultural and sports events
  • Proposal may impact public broadcasting services currently taxed at 10 percent
  • Ministry of Finance has initiated a public consultation on the changes
  • Deadline for comments is 15 August 2025

Source: fintua.com


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